Month: March 2018

Delhi being the very capital city of an overpopulated country such as India would obviously have high demand in case of its residential sector. Hence, owing to the problem of the capital getting clustered, way back in 1962, the Government was forced to create satellite cities for Delhi due to the growing population and shortage of land mass for industrialization. That’s when, the neighboring states like Haryana, Rajasthan and Uttar Pradesh came into consideration for developing the satellite cit...

While real estate market in metro cities has been seeing a steady rise but, the actual growth drivers in the next few years, according to industry insiders will be Tier II cities. Hence, initiatives such as Smart Cities Mission and Atal Mission for Rejuvenation and Urban Transformation are likely to improve the living standards and infrastructure of Tier II and Tier III cities.
Experts of real estate such as Pankaj Bajaj, MD Eldeco and President of CREDAI -NCR believes that tier-2 is the new af...